$6,680,000
For sale: Other

Excellent investment opportunity to acquire a fully leased neighbourhood retail plaza in a prime Burlington location. 495 Walkers Line features a 13,304 sq. ft. single-storey plaza on a 54,734 sq. ft. site with 229 feet of frontage on a high-traffic corridor. The property consists of 10 units leased to a strong mix of established tenants, including Pharmasave, Domino's Pizza, medical, professional, personal service, and food businesses, providing stable, diversified income. All leases are net, minimizing landlord expenses. Zoned CN1 (Neighbourhood Commercial), the property permits a broad range of commercial uses. Well maintained with ample parking, individual HVAC units, and full municipal services. Surrounded by established residential neighbourhoods and major retailers, this asset offers reliable cash flow with future rental growth potential, making it an ideal addition to any investment portfolio.
Sold data
Homes in Burlington (Shoreacres) took a median of 21 days to sell over the last 90 days, with the quickest quarter selling within 11 days and the slowest quarter taking more than 39, across 735 recorded sales.
The median sale price was $985,000.
Homes sold for about 2.5% below asking on average, so there was room to negotiate.
About 16% of sales closed above the list price.
Around 21% of sellers reduced their price before finding a buyer.
Based on 735 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Burlington (Shoreacres) has 51 Fraser Institute–rated schools (43 elementary and 8 secondary), averaging 7.1/10.
School ratings from the Fraser Institute's Ontario school report cards.
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